Civic Intelligence

Troy Main Street Inc.

990 • Fiscal year 2021 • EIN 31-1301818

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 11, 2022

Refreshing map…

405 SW Public Square Suite 231Troy, OH 45373

(937) 339-5455

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

45th percentile

4.9%

Higher net margin than 45% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

48th percentile

4.1%

Faster asset growth than 48% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

43rd percentile

-3.0%

Faster revenue growth than 43% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$221,875

Up $8,675 (+4.1%) from 2020

Net Assets

Up

$221,875

Up $8,675 (+4.1%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Down

$177,462

Down $5,528 (-3.0%) from 2020

Expenses

Up

$168,787

Up $12,795 (+8.2%) from 2020

Net Income

Down

$8,675

Down $18,323 (-68%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2010: $141,560Liabilities 2010: $2,769Net Assets 2010: $138,7912010Assets 2013: $174,039Liabilities 2013: $2,152Net Assets 2013: $171,8872013Assets 2014: $152,535Liabilities 2014: $4,204Net Assets 2014: $148,3312014Assets 2017: $138,557Liabilities 2017: $20Net Assets 2017: $138,5372017Assets 2018: $176,622Liabilities 2018: $0Net Assets 2018: $176,6222018Assets 2020: $213,200Liabilities 2020: $0Net Assets 2020: $213,2002020Assets 2021: $221,875Liabilities 2021: $0Net Assets 2021: $221,8752021Assets 2022: $293,177Liabilities 2022: $0Net Assets 2022: $293,1772022Assets 2024: $310,807Liabilities 2024: $0Net Assets 2024: $310,8072024

Highlighted filing

2021

Assets$221,875
Liabilities$0
Net Assets$221,875

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2010: $158,319Expenses 2010: $131,708Net Income 2010: $26,6112010Revenue 2013: $639,448Expenses 2013: $608,553Net Income 2013: $30,8952013Revenue 2014: $138,982Expenses 2014: $162,538Net Income 2014: -$23,5562014Revenue 2017: $294,068Expenses 2017: $432,539Net Income 2017: -$138,4712017Revenue 2018: $237,102Expenses 2018: $199,017Net Income 2018: $38,0852018Revenue 2020: $182,990Expenses 2020: $155,992Net Income 2020: $26,9982020Revenue 2021: $177,462Expenses 2021: $168,787Net Income 2021: $8,6752021Revenue 2022: $195,065Expenses 2022: $123,115Net Income 2022: $71,9502022Revenue 2024: $213,888Expenses 2024: $195,576Net Income 2024: $18,3122024

Highlighted filing

2021

Revenue$177,462
Expenses$168,787
Net Income$8,675
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 11, 2022
Return Version
2021v4.0
Gross Receipts
$177,462
Mission and Program Overview

Mission

To provide for the continued economic and architectural soundness of the downtown area of the city of troy, ohio,with a comprehensive revitalization strategy to stimulate economic development and to act as liaison between the downton businesses and local government. The mission of troy main street is to coordinate the efforts of all those dedicated to making downtown troy a better place to live, work, shop, celebrate, and invest.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$213,200$221,875▲ $8,675
Savings and Temporary Cash Investments$190,191$215,239▲ $25,048
Cash and Non-Interest-Bearing Accounts$23,009$6,636▼ $16,373
Total Assets$213,200$221,875▲ $8,675
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$213,200$221,875▲ $8,675
Total Liabilities and Net Assets / Fund Balance$213,200$221,875▲ $8,675
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dee MahanPresident
Dave DilboneDirector
Dewayne WilliamsDirector
Dustin FisherDirector
Eric ParrisDirector
Jordan LightnerDirector
Jordan RombergerDirector
Joseph GravesDirector
Julie McmillerDirector
Michael BrendelDirector
Patrick TitteringtonDirector
Timothy WellsDirector
Andrea KellerExecutive Di
Beth KerberSecretary
Sandy PenningtonTreasurer
Bryan BeggVice-pres.
Revenue and Support

Revenue Composition

Contributions and Grants
$176,730
Program Service Revenue
$0
Investment Income
$732
Other Revenue
$0
All Other Contributions
$176,730
Change in Net Assets
$8,675
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$96,117
Salaries, Compensation, and Employee Benefits$72,670
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$55,998--$55,998
Other Employee Benefits$11,716--$11,716
Office Expenses$6,322--$6,322
Advertising$5,641--$5,641
Payroll Taxes$4,956--$4,956
Occupancy$4,740--$4,740
Insurance$3,119--$3,119
Other Expenses$3,036--$3,036
All Other Expenses$1,317--$1,317
Total Functional Expenses$168,787$0$0$168,787
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 12C

Reviewed annually at meeting.

Form 990, Page 6, Part VI, Line 19

They documnets are available upon request. Copies of the financial statements are included in the annual report issued.

Filing and Contact Details

Filer

Filer Name
Troy Main Street
EIN
31-1301818
Phone
9373395455
Address
405 SW PUBLIC SQUARE SUITE 231, TROY, OH 45373

Signing Officer

Name
Andrea Keller
Title
Executive Director
Phone
9373395455
Signed
2022-10-11

Organization Details

Principal Officer
Andrea Keller
Formed
1990
Legal Domicile
Oh
Voting Board Members
15
Independent Board Members
15
Employees
2

Preparer

Firm
Sam Brown CPA Inc
Address
PO BOX 1027, TROY, OH 45373-8027
Preparer
Sam B Brown
Phone
9378759510
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To provide for the continued economic and architectural soundness of the downtown area of the city of troy, ohio,with a comprehensive revitalization strategy to stimulate economic development and to act as liaison between the downton businesses and local government. The mission of troy main street is to coordinate the efforts of all those dedicated to making downtown troy a better place to live, work, shop, celebrate, and invest.

Form 990, Page 2, Part III, Line 4A

In 2021 troy main street "placed 54 pots filled with flowers along downtown sidewalks and storefronts; "partnered with over 20 local non-profit organizations to increase their exposure, keep the downtown litter free, and offer activities to the community; "brought the biennial sculptures on the square exhibit back to the community featuring 20 sculptures from 20 different artists from around the country, and one from canada; "surveyed all downtown businesses to learn how troy main street can better serve them; "worked with the city of trop to implemet a dora (designated outdoor refreshment area) in downtown troy. In 2021, troy main street also hosted 44 days of events including: "first friday events every month "the chocolate walk "fridays on prouty concert "nonprofit night "hometown halloween "enchanted wonderland weekend "santa house visits "scultures on the square puble art activities volunteer information: in 2021, troy main street volunteers, spent over 792 hours volunteering with troy main street to help plan and host events, clean up downtown, serve as board members, etc. In 2021 troy main street gained 88 new volunteers. In 2021 troy main street was once again accredited as a nationally recognized main street program through heritage ohio.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0VICE-PRES.
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IRS990/OtherExpensesGrp/ProgramServicesAmt15253
IRS990/OtherExpensesGrp/ProgramServicesAmt24440
IRS990/OtherExpensesGrp/ProgramServicesAmt33036
IRS990/OtherExpensesGrp/TotalAmt062249
IRS990/OtherExpensesGrp/TotalAmt15253
IRS990/OtherExpensesGrp/TotalAmt24440
IRS990/OtherExpensesGrp/TotalAmt33036
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt055998
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IRS990/PayrollTaxesGrp/ProgramServicesAmt04956
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IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0ANDREA KELLER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0181720
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01270
IRS990/PYOtherExpensesAmt088280
IRS990/PYRevenuesLessExpensesAmt026998
IRS990/PYSalariesCompEmpBnftPaidAmt067712
IRS990/PYTotalExpensesAmt0155992
IRS990/PYTotalRevenueAmt0182990
IRS990/ReconcilationRevenueExpnssAmt08675
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0213200
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0221875
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0190191
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0215239
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0176730
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0181720
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0163893
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0226961
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0285621
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01034925
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt034
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt034
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt03343
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99950
IRS990ScheduleA/PublicSupportPY170Pct00.99960
IRS990ScheduleA/PublicSupportTotal170Amt01034925
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0176730
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0181720
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0163893
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0226961
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0285621
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01034925
IRS990ScheduleA/TotalSupportAmt01035393
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt0434
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt0434
IRS990/ScheduleBRequiredInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO PROVIDE FOR THE CONTINUED ECONOMIC AND ARCHITECTURAL SOUNDNESS OF THE DOWNTOWN AREA OF THE CITY OF TROY, OHIO,WITH A COMPREHENSIVE REVITALIZATION STRATEGY TO STIMULATE ECONOMIC DEVELOPMENT AND TO ACT AS LIAISON BETWEEN THE DOWNTON BUSINESSES AND LOCAL GOVERNMENT. THE MISSION OF TROY MAIN STREET IS TO COORDINATE THE EFFORTS OF ALL THOSE DEDICATED TO MAKING DOWNTOWN TROY A BETTER PLACE TO LIVE, WORK, SHOP, CELEBRATE, AND INVEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IN 2021 TROY MAIN STREET "PLACED 54 POTS FILLED WITH FLOWERS ALONG DOWNTOWN SIDEWALKS AND STOREFRONTS; "PARTNERED WITH OVER 20 LOCAL NON-PROFIT ORGANIZATIONS TO INCREASE THEIR EXPOSURE, KEEP THE DOWNTOWN LITTER FREE, AND OFFER ACTIVITIES TO THE COMMUNITY; "BROUGHT THE BIENNIAL SCULPTURES ON THE SQUARE EXHIBIT BACK TO THE COMMUNITY FEATURING 20 SCULPTURES FROM 20 DIFFERENT ARTISTS FROM AROUND THE COUNTRY, AND ONE FROM CANADA; "SURVEYED ALL DOWNTOWN BUSINESSES TO LEARN HOW TROY MAIN STREET CAN BETTER SERVE THEM; "WORKED WITH THE CITY OF TROP TO IMPLEMET A DORA (DESIGNATED OUTDOOR REFRESHMENT AREA) IN DOWNTOWN TROY. IN 2021, TROY MAIN STREET ALSO HOSTED 44 DAYS OF EVENTS INCLUDING: "FIRST FRIDAY EVENTS EVERY MONTH "THE CHOCOLATE WALK "FRIDAYS ON PROUTY CONCERT "NONPROFIT NIGHT "HOMETOWN HALLOWEEN "ENCHANTED WONDERLAND WEEKEND "SANTA HOUSE VISITS "SCULTURES ON THE SQUARE PUBLE ART ACTIVITIES VOLUNTEER INFORMATION: IN 2021, TROY MAIN STREET VOLUNTEERS, SPENT OVER 792 HOURS VOLUNTEERING WITH TROY MAIN STREET TO HELP PLAN AND HOST EVENTS, CLEAN UP DOWNTOWN, SERVE AS BOARD MEMBERS, ETC. IN 2021 TROY MAIN STREET GAINED 88 NEW VOLUNTEERS. IN 2021 TROY MAIN STREET WAS ONCE AGAIN ACCREDITED AS A NATIONALLY RECOGNIZED MAIN STREET PROGRAM THROUGH HERITAGE OHIO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REVIEWED ANNUALLY AT MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THEY DOCUMNETS ARE AVAILABLE UPON REQUEST. COPIES OF THE FINANCIAL STATEMENTS ARE INCLUDED IN THE ANNUAL REPORT ISSUED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantNewProgramSrvcInd0false
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IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0213200
IRS990/TotalAssetsEOYAmt0221875
IRS990/TotalAssetsGrp/BOYAmt0213200
IRS990/TotalAssetsGrp/EOYAmt0221875
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0176730
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0168787
IRS990/TotalFunctionalExpensesGrp/TotalAmt0168787
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0213200
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IRS990/TotalProgramServiceExpensesAmt0168787
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0732
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0177462
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0213200
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0221875
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt015
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ANDREA KELLER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09373395455
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-10-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TROY MAIN STREET
ReturnHeader/Filer/BusinessNameControlTxt0TROY
ReturnHeader/Filer/EIN0311301818
ReturnHeader/Filer/PhoneNum09373395455
ReturnHeader/Filer/USAddress/AddressLine1Txt0405 SW PUBLIC SQUARE SUITE 231
ReturnHeader/Filer/USAddress/CityNm0TROY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd045373
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0473123679
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SAM BROWN CPA INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1027
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TROY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0453738027
ReturnHeader/PreparerPersonGrp/PhoneNum09378759510
ReturnHeader/PreparerPersonGrp/PreparationDt02022-10-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SAM B BROWN
ReturnHeader/ReturnTs02022-10-18T06:02:59-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ANDREA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0KELLE
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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